Thor Industries (THO) Q2 Revenue Tops Views, Offers Outlook

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Thor Announces Net Sales of $2 Billion, Improved Gross Profit Margin and Higher Backlog for the Second Quarter of Fiscal 2020

March 9, 2020 6:30 AM EDT

ELKHART, Ind., March 9, 2020 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) today announced results for the second quarter of fiscal 2020, which ended January 31, 2020.

"With record second-quarter revenues, improved quarterly gross profit margin year-over-year, a growing order backlog and successful new product introductions in the Class B space, all key indicators for Thor Industries were strong in the second quarter. I am especially pleased to note that consolidated revenues were a new second-quarter record for Thor. EHG also reported strong revenues and, as anticipated, returned to quarterly profitability in... More